Hasi a strong buy?


Aime
Hannon Armstrong Sustainable Infrastructure Capital (HASI) appears to be a strong buy based on several indicators and analyst ratings. Here's the analysis to support this conclusion:
- Consensus Rating and Price Target: The consensus rating for HASI is a "Buy" with an average price target of $39.861. This suggests that analysts believe the stock has potential for growth from its current price.
- Recent Price Target Increases: Baird, a financial services firm, has boosted its price target for HASI from $36.00 to $47.002, indicating confidence in the company's prospects. This increase reflects a positive outlook and suggests that the stock may be undervalued at its current price.
- Fundamental Growth: HASI has shown strong revenue and net income growth, with a revenue growth rate of 27.15% and a net income growth rate of 99.26%3. These figures indicate robust business performance and the company's ability to generate income.
- Strategic Positioning: The company's focus on renewable energy and sustainable infrastructure markets positions it well for long-term growth, given the increasing demand for clean energy solutions45.
- Financial Health Indicators: HASI has a positive return on equity (ROE) of 12.24%4, which is a good indicator of efficient use of shareholders' equity to generate profits. Additionally, the company's trailing twelve months EPS is $2.25, with a PE ratio of 14.784, suggesting that the stock is reasonably valued relative to its earnings.
- Institutional Confidence: Institutional investors have been increasing their holdings in HASI, indicating confidence in the company's potential6. This could be a positive signal to retail investors as it suggests that professionals are willing to invest in the stock.
- Analyst Confidence: Baird, a reputable financial firm, has expressed strong conviction in HASI's prospects and has set a high compound annual growth rate (CAGR) target for the company's earnings per share (EPS) of 8%-10% over the next three years2. This projection reflects optimism about HASI's future performance.
In conclusion, the combination of positive growth rates, a strong buy consensus, and strategic positioning in the renewable energy sector, along with recent price target increases and institutional investment, supports the view that HASI is a strong buy.
HASI Diluted EPS YoY, Diluted EPS
Source:
1.
HASI Consensus Rating, Analyst Average Price Target
more
less
Continue this conversation 

Explore
Screener
Analysis
Learn
Wiki